Theta Fuel, often abbreviated as TFUEL, plays a crucial role in the Theta Network as its operational token, facilitating transactions and serving as a reward for network participants. It supports a decentralized streaming platform designed to enhance video delivery by leveraging blockchain technology. By incentivizing users to share their bandwidth and computing resources, Theta Fuel contributes to a more efficient and cost-effective content delivery network.
more informationFuel Network is rapidly gaining traction as a versatile layer-2 scaling solution designed to enhance the efficiency of decentralized applications. Its innovative architecture aims to reduce transaction costs while simultaneously increasing throughput, making it an attractive option for developers and users alike. As the adoption of decentralized finance continues to grow, Fuel Network positions itself as a key player in the evolution of blockchain technology.
more informationGeneral Information |
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---|---|
Title
Theta Fuel
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Title
Fuel Network
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Symbol
tfuel
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Symbol
fuel
|
Whitepaper
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Whitepaper
-
|
Website
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Website
-
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Community
-
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Community
-
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Last Updated
2025-03-08 23:58
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Last Updated
2025-01-25 23:59
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Price Data |
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Current Price $
0.04154395
$
|
Current Price $
0.03158394
$
|
High 24h
0.04179072
$
|
High 24h
0.03355631
$
|
Low 24h
0.04075841
$
|
Low 24h
0.02994636
$
|
Price Change 24h
0.00045842
$
|
Price Change 24h
0.00151019
$
|
Price Change % 24h
1.11576
%
|
Price Change % 24h
5.0216
%
|
Market Data |
|
Market Cap
285230707
|
Market Cap
122102889
|
Total Volume
2230034
|
Total Volume
3274683
|
Market Cap Change 24h
3372043
|
Market Cap Change 24h
6025924
|
Market Cap Change % 24h
1.19636
%
|
Market Cap Change % 24h
5.19132
%
|
Return on Investment (ROI)
-
|
Return on Investment (ROI)
-
|
Supply and Availability |
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Circulating Supply
6865768903
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Circulating Supply
3870326929.2015
|
Total Supply
6867637678
|
Total Supply
10016161220.802
|
Max Supply
-
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Max Supply
-
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Historical Data |
|
All Time High (ATH)
0.68159
|
All Time High (ATH)
0.083754
|
ATH Change %
-93.90885
%
|
ATH Change %
-62.32862
%
|
ATH Date
2021-06-09 06:50
|
ATH Date
2024-12-29 23:15
|
All Time Low (ATL)
0.00090804
|
All Time Low (ATL)
0.02812885
|
ATL Change %
4472.12727
%
|
ATL Change %
12.1675
%
|
ATL Date
2020-03-13 02:30
|
ATL Date
2025-01-23 22:09
|
Theta Fuel (TFUEL) is one of the two native tokens on the Theta blockchain, a decentralized video delivery network that aims to improve streaming efficiency and quality. Unlike its counterpart Theta Token (THETA), which is used primarily for governance and staking, TFUEL plays a critical role in operations, serving as the currency for microtransactions and an incentive mechanism for network participants.
Since its launch, Theta Fuel has seen a dynamic journey in its price and adoption. The token made significant strides following its all-time low of $0.00090804 on March 13, 2020. In a little over a year, TFUEL surged to its all-time high of $0.68159 on June 9, 2021. This spectacular rise highlighted the growing interest in decentralized streaming services and the broader altcoin rally during that period. However, like many other cryptocurrencies, TFUEL's price faced substantial corrections, demonstrating the inherent volatility of the market.
The primary advantage of Theta Fuel lies in its immediate utility on the Theta Network. As a microtransaction currency, TFUEL enables the seamless execution of decentralized streaming services. The decentralized nature of the Theta Network reduces overall cost and improves streaming quality by leveraging excess bandwidth from network participants.
Another significant advantage is Theta's established partnerships with high-profile companies such as Samsung and Google. These collaborations lend credibility and drive potential mainstream adoption, vital for enhancing TFUEL's future prospects.
Despite its promise, Theta Fuel faces certain challenges. Market volatility remains a pressing concern, as demonstrated by substantial price swings there is a risk of investment losses. Additionally, the niche and relatively nascent sector of decentralized video streaming means that broad market adoption could take time.
Competition is another drawback for Theta Fuel. Several projects are exploring decentralized content delivery, which means that maintaining a competitive edge is crucial for TFUEL's continued success.
Looking ahead, Theta Fuel has several factors in its favor for future growth. The increasing demand for decentralized solutions and the digital streaming sector's rapid expansion offer a promising backdrop for TFUEL. Continued innovation and strategic partnerships could further bolster its adoption.
The launch of additional features and improvements on the Theta blockchain will likely play crucial roles in strengthening TFUEL's utility and market position. However, it is imperative to watch the broader market trends and regulatory developments that could impact TFUEL's trajectory.
Theta Fuel is a promising cryptocurrency that plays a vital role in the Theta Network's mission to revolutionize video content and streaming. Although challenges such as market volatility and competition exist, the potential for growth remains strong. Investors and enthusiasts should keep a close eye on technological developments and strategic partnerships that could influence TFUEL's price and adoption in the coming years.
Fuel Network is an emerging cryptocurrency that has captured the interest of both investors and developers within the blockchain ecosystem. With a current price hovering around $0.041, Fuel Network has shown significant price fluctuations in recent days, influencing its market capitalization of approximately $145 million. This article delves into the historical performance, advantages, disadvantages, and future prospects of the Fuel Network coin.
Since its inception, Fuel Network has experienced both highs and lows in the volatile cryptocurrency market. The coin reached an all-time high (ATH) of $0.065845 on December 19, 2024, only to see a decline of approximately 37.79% since then. The all-time low (ATL) was recently recorded at $0.0376 on December 20, 2024, marking a slight recovery of about 8.88% since that point. These fluctuations are indicative of the inherent volatility common in the cryptocurrency market, but they also highlight opportunities for traders and investors looking for favorable entry points.
Fuel Network offers several key advantages that can appeal to potential investors and developers. Firstly, the project aims to provide a decentralized platform that enhances transaction speeds and reduces costs, which is essential as blockchain technology matures. Secondly, the dedicated community behind Fuel Network contributes to a collaborative development environment, with resources available on forums and official channels like the Fuel Network website.
Additionally, the project has a comprehensive whitepaper that outlines its vision and technical details, available at Fuel Network Whitepaper. This transparency is increasingly important to investors who prioritize informed decision-making. Moreover, the circulating supply of over 3.5 billion coins suggests a level of liquidity that could make it more accessible for new investors.
Despite its advantages, Fuel Network does come with certain drawbacks. The recent price drop of over 17% in the past 24 hours highlights the volatility that can deter risk-averse investors. Furthermore, the comprehensive nature of its whitepaper may not be enough to instill confidence without a robust track record and established use cases.
Moreover, the market cap decrease of nearly 16.65% within the same timeframe raises concerns about the coin's stability and the overall sentiment surrounding its performance. Potential investors should consider these factors carefully before diving into the Fuel Network ecosystem.
The future of Fuel Network may well depend on its ability to foster a sustainable ecosystem that effectively addresses existing challenges in the cryptocurrency space. With an emphasis on improving transaction efficiency, the network could attract developers and businesses looking for reliable solutions.
As the technology progresses and regulatory clarity increases, Fuel Network potentially positions itself as a viable option for users seeking to maximize their blockchain experience. However, investors must remain vigilant about market conditions and the competitive landscape, as many projects are vying for attention in the ever-evolving crypto realm.
Fuel Network represents a promising but volatile asset in the world of cryptocurrencies. Its advantages, such as decentralization, community support, and a helpful whitepaper, contrast with disadvantages like recent price volatility and market skepticism. Investors must conduct thorough research and consider both the potential and the risks associated with Fuel Network as they contemplate their involvement in this dynamic space.